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Concept information

... > social science subjects > business and management > entrepreneurship > new venture management > entrepreneurial decision making > tolerance for failure

Preferred term

tolerance for failure  

Definition

  • The creation of new ventures, especially when these involve technological innovations, is widely considered to unleash a wealth of positive effects on the economy, such as higher employment, increased productivity, and enhanced development. By their very nature, new ventures are uncertain. [Source: Encyclopedia of New Venture Management; Tolerance for Failure]

Broader concept

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URI

http://data.loterre.fr/ark:/67375/N9J-P3JL6P05-F

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